Venezuela

Calling it “huge step in the right direction,” Gov. Rick Scott got support from two state Cabinet members Wednesday to keep an agency they oversee from conducting future business linked to the Maduro regime in Venezuela.

While not as wide-reaching as first proposed by the governor, the resolution approved by the State Board of Administration's trustees --- Scott, Attorney General Pam Bondi and Chief Financial Officer Jimmy Patronis --- will prohibit the board from investing in certain companies that have financial ties to the Venezuelan regime.

Saturday morning at Bayside in Miami wasn’t the typical shopping and dining experience. The wall surrounding the Torch of Friendship had a giant Venezuelan flag with signatures and wishes written on the fabric.

There was an open-mic protest, organized by local community members and activists. Cuban-Americans, Venezuelan-Americans, and Venezuelans all took turns sharing stories, opinions, and prayers.

Goldman Sachs Asset Management, which has taken heat for its purchase of $2.8 billion in bonds of Venezuela's state-run oil company, is working behind the scenes as Gov. Rick Scott seeks to prevent Florida from doing business with entities supporting the Maduro regime.

More than 100,000 Venezuelans gathered in Miami-Dade, Broward and Palm Beach Counties on Sunday to vote against president Nicolas Maduro's efforts to change the country's constitution.

Photo: HOLLY PRETSKY, WLRN

Venezuela, the oil-rich South American nation, has been gripped by political turmoil, civic unrest, and an economic crisis for months. Now Gov. Rick Scott is calling on state agencies and other businesses to cut their connections to Caracas.

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